**Editor’s Note: Please click here for a recap of the biggest channel-impacting mergers in Q2 2014.**
PGi, the collaboration software and services provider, is acquiring TalkPoint Holdings, which provides webcasting software and services.
“With the acquisition of TalkPoint, PGi is doubling down on its strategy to deliver an array of high-quality business communications solutions that make it possible for users to engage at their desks, on their mobile devices or in conference rooms,” said Steve Vonder Haar, senior analyst, Wainhouse Research. “TalkPoint’s impressive growth and strong go-to-market strategy have made it a success in the Web event-services market, and this deal helps PGi expand on its established position as a leading provider of one-to-many webcasting services.”
TalkPoint, based in New York City, has operations in North America and the U.K., with a current projected annual revenue run rate of approximately $18 million. Its cloud-based Convey platform provides self-service and fully managed audio and video webcasting for events with up to 10,000 attendees.
TalkPoint’s technology works with a user’s existing telephone, webcam, video conferencing room or video encoder, with no special hardware needed. TalkPoint webcasts work through a standard Internet browser on any desktop, tablet or mobile device with no downloads required. Today, TalkPoint enables more than 300 enterprises, including many of the world’s largest financial services, pharmaceutical and publishing firms, to host internal town hall meetings, demand generation webinars and other mission-critical communications to large audiences.
Financial terms of the deal weren’t disclosed.
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